112 Washington Pl APT 6DPittsburghPA15219
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Pittsburgh at 112 Washington Pl APT 6D, Pittsburgh, PA, 15219 with 5% annual appreciation on a $169,900 basis while $1,295/mo rent supports operations. Total monthly income totals $1,295/mo and a $832/mo payment preserves $181/mo for cash returns. Annual cash flow comes to $2,175/yr on $56,322 deployed, and return on cash invested reaches 23.77% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 9.15%. Five-year ROI measures 124.09% and total cumulative return in cash totals $69,890.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,295/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1967
60.98 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15219, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,699 (100%) |
| Owner Occupied HU | 1,502 (17.3%) |
| Renter Occupied HU | 5,856 (67.3%) |
| Vacant Housing Units | 1,341 (15.4%) |
| Median Home Value | $214,808 |
| Average Home Value | $294,680 |
Housing Distribution
Address Breakdown
Residential
7,414
Single Family
3,993
Multi-Family
3,421
Businesses
1,827
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Listed by: Lori Hummel • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1735856